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May 06, 2008

Culver Signs Iowa Student Loan Bill

Gov. Chet Culver signed into law a new student loan bill today in Iowa. Read the rest of this article to get the specifics.

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April 30, 2008

Senate Passed Student Loan Stabilization Bill

The senate just passed a Student Loan Stabilization bill, read the rest of this article to get this breaking news.

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April 29, 2008

Bush Addresses Student Loan Credit Crunch

Bush tells the Congress that they should give the government more authority to buy student loans from banks and private companies. Read the full article to find out exactly what he said.

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February 15, 2008

Nelnet - Dirty Student Loan Lobby

CNNMoney.com reports that one of the nation's largest private student-lending companies Neltnet Inc. spent $300,000 in the last half of 2007 to lobby the federal government.  As you can imagine this one is pretty dirty.

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February 13, 2008

Student Loans and the New Zealand Elections

It appears that student loan reform is one of the hottest topics in the upcoming New Zealand elections. With both candidates offering up solutions it's nice to see New Zealanders taking student loan reform seriously, US voters should follow suit.

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February 12, 2008

Sallie Mae Student Loan Lender Lawsuit

Fox Business reports that Drier LLP has announced a class action lawsuit against the Student Loan lender SLM (Sallie Mae).

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February 11, 2008

Kennedy Outraged at 9.5% Student Loans

Senator Edward M. Kennedy, Chairman of the Health, Education, Labor and Pensions Committee, issued a great statement about the US Department of Education allowing seven Federal Family Education Program lenders to resume billing on their loans with the ridiculously high interest rates of 9.5%. Get the full quote in this edition.

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February 10, 2008

College Opportunity and Affordability Act Amendments

Read this full story to get a link to a list of the College Opportunity and Affordability Act amendments expected to be considered.

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February 09, 2008

Chase Cuts Student Loan Rates and Fees

One of the largest U.S. student loan lenders JPMorgan Chase & Co said it will cut student loan rates and fess Monday while the new federal law forces competitors to raise rates and fees. 

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February 08, 2008

L500,000 in Student Grants and Loans For UK Prisoners

Tlegraph.co.uk reports that a loophole in the UK student loan system allowed prisoners to claim funds designed to pay for rent and food.

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February 07, 2008

Student Loan Rampage In South Africa

Durban University of Technology students who have been prevented from registering this year because of unpaid fees are rampaging through the campus in South Africa.

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Student Loan Debt vs. Credit Card Debt

The bottom line with the United States bankruptcy legislation that passed in 2005 is that it is easier to get rid of credit card debt than student loan debt. We think this is a joke and here's why.

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October 19, 2007

Student Loan & Consolidation Programs Good and Bad

The new state of the student loan and student loan consolidation program industry is both good and bad depending on where you are. Check this one out to see what's going on and how the new bill is effecting the industry.

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September 24, 2007

Law School Student Loans & Consolidation Loans Weigh Heavy

A recent article on the Wall Street Journal Online claims that the job market for the graduates of elite law schools is as good as ever. However, graduates from other law schools are faced with salaries that hardly justify the costs of attending law school.

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Crushing Student Loan Debt and Student Loan Consolidation

Many students leave school every year with over $100,000 in student loan debt and it is most definitely taking it's toll. The price we pay for driving our graduates into deep student loan debt is reverberating silently through our economy. Student loan consolidation is an option that should be utilized if you meet the right requirements but for many that door is not open, regardless it's not enough.

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Ahmadinejad Could Threaten Columbia's Guaranteed Student Loans and Pell Grants

Congressional sources have been quoted as saying that they are examining the conditions for Columbia's massive student loan and federal grant guarantees. Is the highly controversial Ahmadinejad visit going to threaten the federal aid of the Columbia University student body?

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September 21, 2007

New Student Loan & Consolidation Bill Hits Middle Class Again

The most recent bill increasing federal student loan amounts and lowering interest rates has been criticized as a blow to the middle class. There is yet another bill waiting in the wings that could possibly make it even harder for students who do not qualify for the need based assistance to get the student & consolidation loans that they need to complete their education.

 

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September 18, 2007

Rising Education Costs Drive Student Loans & Consolidation

Criticism and back-patting regarding the new bill congress is going to pass regarding federal student  loans and aid aside, no one is doing anything to subsidize colleges or regulator the incredible explosion in cost of education that we have witnessed over the last 20 years.

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September 13, 2007

Student Loan & Consolidation Consumers Union Report

US News & World Report published an article in July of this year outlining a report from the Consumers Union highlighting just how confused students and parents are when it comes to student loans and student loan consolidation programs. You will be amazed by some of the things in this report.

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Student Loan Consolidation - Citizens Bank

Imagine my surprise as I was browsing through documents related to the recent flurry of student loan and student loan consolidation scandals when I saw my bank in the list of institutions mentioned in a report by the Senate Health, Education, Labor and Pensions Committee chaired by Senator Edward Kennedy.  

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September 11, 2007

Student Loan & Consolidation Lender Sponsors Black College Expo

StuFund, a student loan and student loan consolidation lender, is sponsoring the Black College Expo. Lenders have an ethical responsibility at functions like these and in this one I'll cover what I think they are.   

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Student Loan & Student Loan Consolidation Program Defaults Low

According to a press release yesterday from the U.S. Department of Education student loan and student loan consolidation program defaults remain at a historic low.

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Student Loan Consolidation Program Deadline

The new law coming into affect October 1st makes some significant changes and experts say if you need a student loan you should apply before that date.

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September 06, 2007

Student Loan Consolidation Program Blogs

We are looking for some other student loan consolidation or student loan blogs to collaborate with. The Internet is so flooded with useless information and trash pages on the subject it is becoming hard to sift through it all and find some suitable content. Read this one for some ideas of how we would like to work with you.

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September 05, 2007

Democrats Cut Student Loan Interest Rates

The Democrats are nearing a deal to cut student loan interest rartes from 6.8% to 3.4%. The cuts would be phased in over a 4 year period and expire on the 6th.

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Grace Period Half Over Find Consolidation Now

For those of you that graduated last spring August 30 marks the halfway point in your student loan grace period. Get the lowdown in this installment.

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September 02, 2007

New Bills Could Cut Federal Student Aid and Loans Again

The Consumer Bankers Association, Education Finance Council, National Council of Higher Education Loan Programs, and Student Loan Servicing Alliance, wrote a letter to to members of the Health, Education, Labor and Pensions Committee and the House Committee on Education and Labor outlining the what these two new bills will do.

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August 31, 2007

eGrad Student Loan Consolidation Scandal

The student loan consolidator eGrad had a pretty shady deal going with the University of Georgia Alumni Association. Get the details in this installment.

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